Title 22 — Insurance

49 chapters · 1,014 sections in this title.

1,014 sectionsFiltered byTitle 22

22 V.I.C. § 1355 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1355 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1356 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1356 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1357 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1357 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1358 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1358 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1359 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1359 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1360 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1360 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1361 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1361 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1362 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1362 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1363 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1363 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1364 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1364 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1365 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1365 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1366 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1366 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1367 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1367 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1368 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1368 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1369 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1369 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1370 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1370 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1371 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1371 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1372 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1372 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1373 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1373 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1374 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1374 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1375 Repealed. Jan. 27, 2010, No. 7147, § 3, Sess. L. 2009, p. 406
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22 V.I.C. § 1375 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1376 Tax incentive benefits [Repealed]
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22 V.I.C. § 1376 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1377 Contract [Repealed]
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22 V.I.C. § 1377 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1378 Qualification [Repealed]
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22 V.I.C. § 1378 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1379 Fees; application, compliance [Repealed]
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22 V.I.C. § 1379 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1380 Discrimination, hearing, certificate revocation [Repealed]
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22 V.I.C. § 1380 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1381 Employment of residents by service providers; temporary permits [Repealed]
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22 V.I.C. § 1381 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1382 Powers and duties of the Commissioner of Labor [Repealed]
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22 V.I.C. § 1382 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1382a Advisory Board [Repealed]
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22 V.I.C. § 1382a Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1383 Training of employees [Repealed]
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22 V.I.C. § 1383 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1384 Tax exemptions [Repealed]
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22 V.I.C. § 1384 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1385 Income tax reduction; benefit options [Repealed]
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22 V.I.C. § 1385 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1386 Special provisions or limitations [Repealed]
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22 V.I.C. § 1386 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1387 Certificate modifications, extension or renewals [Repealed]
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22 V.I.C. § 1387 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1388 [Reserved.] [Repealed]
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22 V.I.C. § 1388 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1389 Action by the Governor and the SAM [Repealed]
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22 V.I.C. § 1389 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1390 Contents of certificate [Repealed]
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22 V.I.C. § 1390 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1391 Transferability of certificates [Repealed]
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22 V.I.C. § 1391 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1392 Revocation, suspension or modification of certificate [Repealed]
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22 V.I.C. § 1392 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1393 Penalties for violations [Repealed]
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22 V.I.C. § 1393 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1394 Appeals [Repealed]
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22 V.I.C. § 1394 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1395 False or fraudulent statements or representations [Repealed]
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22 V.I.C. § 1395 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
22 V.I.C. § 1400 Short title
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This chapter shall be known and may be cited as the “Virgin Islands Captive Insurers Act”.
22 V.I.C. § 1401 Definitions
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(a) For purposes of this chapter, the following defined terms shall apply unless defined elsewhere and not otherwise inconsistent:(a) “Actuary” means a person qualified as an actuary by examination of the Institute of Actuaries in England or the Faculty of Actuaries in Scotland, …
22 V.I.C. § 1401a Purpose
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(1) The purpose of this chapter is to:(1) Allow for the statutory organization of captive insurance companies, as defined in this chapter;(2) Prohibit international insurers from licensure under this chapter, and(3) Prohibit captive insurers from converting into or being licensed…
22 V.I.C. § 1402 Applicability of other laws
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(a) Any captive insurer and any Captive Insurer Support Business licensed by the Commissioner under this chapter shall be exempt from all other insurance laws of the Virgin Islands other than those contained in this chapter or contained in specific references contained in this Ti…
22 V.I.C. § 1403 Licensing authority; residency requirements
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(a) A captive insurer, before commencing business, shall obtain a license from the SAM to do any and all insurance comprised in section 1417 of this chapter; provided, however, that:(1) no Single-Parent Captive Insurer may insure directly risks other than those of its parent(s) a…
22 V.I.C. § 1404 Application fee; annual license fee
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Each captive insurer shall pay to the SAM a nonrefundable application fee for examining, investigating, and processing its application for licensure, and the Commissioner is authorized to retain legal, financial, and examination services, the reasonable cost of which may be charg…
22 V.I.C. § 1405 Minimum capital; letter of credit
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(a) No Single-Parent Captive Insurer, Industrial Insured Captive Insurer incorporated as a stock insurer, or Association Captive Insurer incorporated as a stock insurer, shall be issued a license unless it shall possess and thereafter maintain unimpaired paid-in capital of:(1) in…
22 V.I.C. § 1406 Minimum surplus; letter of credit
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(1) No captive insurer shall be issued a license unless it shall possess and thereafter maintain free surplus of:(1) in the case of a Single-Parent Captive Insurer, not less than $100,000;(2) in the case of an Industrial Insured Captive Insurer incorporated as a stock insurer, no…